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Asian crime syndicates’ online scams have reached industrial proportions, cheating victims around the world out of more than ...
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Arabian Post on MSNInstagram Deepfakes Drain Consumers’ Cash with Fake Bank AdsA wave of sophisticated scams on Instagram is impersonating legitimate banks to mislead users into surrendering their credentials and cash. Using AI-generated deepfake videos and phoney ads, ...
Financial institutions are being increasingly targeted by deepfake-enabled fraud during know your customer (KYC) processes.
Here’s the second uncomfortable truth: State lawmakers are not the right people to fix this. If California punishes a bank ...
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